MetaQuotes Announces 1,000,000 MetaTrader Mobile Users

MetaQuotes has announced that it has hit the 1 million mark for users of its MT4 and MT5 mobile terminals. According to the Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term Technology Provider Technology Provider A technology provider is an individual, company, or entity that creates, render services and sells software applications or hardware. Currently, there are four types of tech providers which are as followed:Software-as-a-Service (SaaS) – Functioning as a subscription-based licensing and delivery model, SaaS is centrally hosted and may also be referred to as on-demand software. Tech Hardware – Powerful tech providers such as Apple, Oculus Rift, FitBit, and Samsung are examples of tech hardware pro A technology provider is an individual, company, or entity that creates, render services and sells software applications or hardware. Currently, there are four types of tech providers which are as followed:Software-as-a-Service (SaaS) – Functioning as a subscription-based licensing and delivery model, SaaS is centrally hosted and may also be referred to as on-demand software. Tech Hardware – Powerful tech providers such as Apple, Oculus Rift, FitBit, and Samsung are examples of tech hardware pro Read this Term, the one million mark comes after hitting 500,000 users five months ago. The mobile MetaTrader terminal is available for both iOS and Android.

Commenting on the achievement, Gaies Chreis, COO of MetaQuotes Software Corp stated "We are greatly encouraged by reaching the level of one million users of MetaTrader mobile platforms. This means that we are on the right track, and our solutions meet the needs of traders" .

According to MetaQuotes, tracking of users is based on ID’s that were added into the mobile platform last year “The statistical data has been gathered during the year from the time when MetaQuotes IDs were introduced in the mobile terminals. These unique identifiers allowed us to determine the exact amount of actually used mobile terminals.”

Overall, the figures represent the growing use of mobile platforms along all forms of retail trading.